CenturyLink, Qwest merger wins final approval

NEW YORK (Reuters) – Oregon utility regulators have approved the pending merger between CenturyLink Inc (CTL.N: Quote, Profile, Research) and Qwest Communications International Inc (Q.N: Quote, Profile, Research), CenturyLink said on Thursday, the final approval needed to complete their deal.

As part of the approval process, the companies committed to investing at least $45 million in broadband infrastructure in Oregon over five years. They expect to close the merger and combine operations on April 1, CenturyLink said.

(Reporting by Lewis Krauskopf; editing by Carol Bishopric)

CenturyLink, Qwest merger wins final approval